Forex glossary – letter M

Here are all the definitions of the terms starting with the letter M. If your are looking for the definition of specific term or if you want to add your own definition, please contact us.

M0 : Cash in circulation . Only used by the UK.M1 : Cash in circulation plus demand deposits at commercial banks. There ...M2 : Includes demand deposits, time deposits and money market mutual fund...M3 : In the UK it is M1 plus public and private sector time deposits and ...M4 : In the US it is M2 plus negotiable CDs.MACD : See Moving Average Convergence-Divergence.MAD : ISO 4217 currency code, Currency used in Morocco, called Dirhams.Maintenance : A set minimum margin that a customer must maintain in his m...Maintenance Margin : The minimum margin which an investor must keep on de...Marche a Terme International de France : Abbreviated MATIF. It´s th...Margin : (1) Difference between the buying and selling rates, also used t...Margin Account : An account that allows leverage buying on credit and bor...Margin Call : A demand for additional funds to be deposited in a margin a...Marginal Risk : The risk that a customer goes bankrupt after entering int...Mark Up : Premium.Mark-to-market : Daily cash flow system used by the U.S. futures exchange...Market Amount : The minimum amount conventionally dealt for between banks...Market Close : This refers to the time of day that a market closes. In th...Market Maker : A market maker is a person or firm authorized to create an...Market Order : An order to buy or sell a financial instrument immediately...Market Rate : The current quote of a currency pair.Market Risk : The risks that occur when general market pressures cause th...Matched sale-purchase agreements : Daily operations executed by the Feder...Matching systems : Electronic systems duplicating the traditional brokers´...MATIF : See Marche a Terme International de France.Maturity : The date on which payment of a financial obligation is due.Maturity Date : (1) The last trading day of a futures contract. (2) Date ...MDL : ISO 4217 currency code, Currency used in Moldova, called Lei.Merchandise Trade Balance : An economic indicator that consists of the ne...MFI : See Money Flow Index.MGA : ISO 4217 currency code, Currency used in Madagascar, called Ariary.Micro Economics : The study of economic activity as it applies to individ...Mid Office : The control of the trading activity including position keepi...Mid-Price or Middle Rate : The price half-way between the two prices, or ...Milliard : European term for 1,000 million.Million : The number that is represented as a one followed by 6 zeros.Mine : Expression used to indicate that the contacting party is willing t...Mine and Yours : To announce that a trader wants to buy he/she may say or...Minimum Price Fluctuation : The smallest increment of market price moveme...Minimum Reserve : Reserves required to be deposited at central banks by c...Mio : Abbreviation of Million.MKD : ISO 4217 currency code, Currency used in Macedonia, called Denars.Ml : Money supply measure that is composed of currency in circulation (ou...MM : Money Markets.MMK : ISO 4217 currency code, Currency used in Myanmar (Burma), called Ky...MNT : ISO 4217 currency code, Currency used in Mongolia, called Tugriks.Momentum : An oscillator designed to measure the rate of price change, no...Money Flow Index : Abbreviated MFI. A technical indicator that attempts t...Money Market : A market consisting of financial institutions and dealers ...Money Market Operations : Comprises the acceptance and re-lending of depo...Money Markets : Refers to investments that are short-term (i.e. under one...Money Supply : Economical indicator, The monetary aggregates are alternat...MOP : ISO 4217 currency code, Currency used in Macau, called Patacas.Morning Doji star : This a doji star in a downtrend followed by a long, w...Morning Star : This is a bullish bottom reversal pattern. The formation i...Moving Average : A way of smoothing a set of data, widely used in price t...Moving Average Convergence : See Moving Average Convergence-Divergence.Moving Average Convergence-Divergence : Abbreviated MACD. An oscillator t...Moving Average Divergence : See Moving Average Convergence-Divergence.Moving Average Envelopes : Technical overlays that turn a moving average ...Moving averages oscillator : An oscillator in which the values of two con...MRO : ISO 4217 currency code, Currency used in Mauritania, called Ouguiya...MTL : ISO 4217 currency code, Currency used in Malta, called Liri.Multiple Exchange Rates : Different exchange rates for different types of...MUR : ISO 4217 currency code, Currency used in Mauritius, called Rupees.Mutual Fund : An open-end investment company. Equivalent to unit trust.MVR : ISO 4217 currency code, Currency used in Maldives (Maldive Islands)...MWK : ISO 4217 currency code, Currency used in Malawi, called Kwachas.MXN : ISO 4217 currency code, Currency used in Mexico, called Pesos.MYR : ISO 4217 currency code, Currency used in Malaysia, called Ringgits.MZM : ISO 4217 currency code, Currency used in Mozambique, called Meticai...MZN : ISO 4217 currency code, Currency used in Mozambique, called Meticai...